Top 3 Meme Coins to Buy As Bitcoin Under $65k Sparks Fresh Correction

Volatile Crypto Market Presents Buying Opportunities for Meme Coins

The cryptocurrency market experienced significant volatility this week, influenced by macroeconomic data. Despite positive CPI and PPI data, Bitcoin's price briefly touched $70,000 on Wednesday but quickly retreated. On Friday, BTC plunged 2.3% to $65,000, continuing its correction trend.

Crypto analytics firm Santiment reported that Bitcoin's fall to $65,000, its lowest since May 16th, has sparked fear among traders. Increased social media mentions of "selling" and "taking profit" indicate widespread panic.

1) Dogecoin (DOGE)

Dogecoin, a decentralized cryptocurrency known for its satirical roots, has seen an active correction trend. It has fallen from $0.228 to $0.133, a loss of 41.8%.

If the $0.122 support holds, Dogecoin may attempt a breakout above its overhead trendline. Potential targets are $0.175 and $0.228.

2) Pepe Coin (PEPE)

Inspired by the popular Pepe the Frog meme, Pepe Coin aims to integrate memes into a user-friendly digital currency.

The coin price experienced a reversal from $0.00001725, resulting in a 37.2% decline. It may face a breakdown below the $0.0000114 support, potentially leading to further selling pressure and a drop to $0.000009.

3) Bonk

Bonk, a dog-themed memecoin designed for the Solana ecosystem, aims to foster community engagement through digital currency.